Industries, Senators clash over crypto market structure legislation

The White House wants Congress to move quickly on cryptocurrency market structure legislation. When it comes to ironing out the details, though, lawmakers and industry stakeholders have their work cut out for them. 

Speaking at an industry event in Washington, D.C. Thursday, Patrick Witt — the newly-appointed executive director of the President’s Council of Advisors on Digital Assets — said getting the bill over the finish line is a top priority. 

Senate Republicans last week unveiled an updated draft of their crypto market structure bill, the Responsible Financial Innovation Act of 2025. The legislation is notably different from the CLARITY Act, which the House passed in…

Read more on Blockworks

47.9K Reads